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Category: Insurance News

Premiums 13 Times Average Fines, Reveals MP – Tory Outlines Ten Point Plan To Tackle Uninsured Driving

A young male uninsured driver would have to be caught and fined a dozen times before being out of pocket, a survey …

Zurich In Spat With Tottenham MP Over Riot Claims

Zurich defends itself against accusations its response to riot hit victims in poverty hit area was ‘woeful’

Zurich has defended itself Tottenham MP …

FSA Raps RBSI Over Unclear Pet Policies – Insurer Forced To Clarify Claims Wording

Three RBS Insurance units have been forced to change their pet policy wording after the FSA found “unfair” claims terms in them.

The …

Labour Under Fire For Cashing In On Referral Fees. Party Earned £350,000 In Referral Fees, According To Reports

Labour has earned more than £350,000 in referral fees by passing on party supporters to solicitors, it has emerged.

Party coffers are swelled …

Which? Slams Claims Firms Over PPI

Which? has discovered a range of problems with claims management companies  handling of payment protection insurance (PPI) mis-selling queries during an investigation.

The …

HSBC Puts Insurance Arm Up For Sale

HSBC is putting its general insurance business up for sale for around $1bn, according to The Times. The unit sells general insurance …

Motor Insurers Lost £2bn In 2010 – Deloitte

Motor insurers lost £2bn last year, while net combined ratio deteriorated to 120%, according to Deloitte.

Insurers were hit hard as prior year …

Motor Rate Increases To Hit Young Drivers

Motor insurance increases of at least 50% over the next couple of years will hit young drivers, according to insurance accountants and …

Burglars Head For Number 88

While nearly one in four Brits would think twice about buying a house numbered 13, AXA suggests that addresses beginning with 88 …

Event Insurance Launches Royal Wedding Policies – Products Designed To Cover Street Party Organisers

Event Insurance Services has launched bespoke policies for Royal Wedding celebration street parties.

With more than 500 street parties lined up in London …

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